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13:59 Trade Setup for Wednesday: Top 10 things you should know before Opening Bell

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08:02 Dhola-Sadiya bridge images: Indian Army’s powerful tanks can roll on it! All about India’s longest river bridge

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18:30 GST rollout: How businesses & consumers coped with India's biggest tax reform

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10:06 5 charts that show why cabinet cleared ordinance to solve NPA issue

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08:30 Sikkim Standoff: How India brought China to a standstill in Dokalam area; all you want to know

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13:56 Watch: Sri Lankan Navy rescues two drowning elephants

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06:07 Jio Phone to come with PM Narendra Modi app; what other apps will you get on 4G mobile for free

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12:48 7th Pay Commission LIVE updates: Good news is here; Modi Cabinet approves recommendations on HRA, allowances

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Business

All category news

  • Vodafone-Idea merger transactions expected to be completed in 2018

    25 July, 2017 6:03 PM 25

    New Delhi: A day after the Competition Commission of India gave its nod to the Vodafone India-Idea Cellular merger, both companies in a joint statement said other statutory approvals were expected to come soon and the transaction will be completed during 2018. "We welcome the decision of the Competition Commission of India approving the proposed merger

  • 76 banks report 5,076 cases of active banking frauds

    25 July, 2017 6:03 PM 18

    New Delhi: A combined 5,076 cases of active banking frauds involving Rs 1 lakh or more causing losses of Rs 16,78,853 lakh were reported by 76 banks during 2016-17, Parliament was informed on Tuesday. In a written reply to the Rajya Sabha, Minister of State for Finance Santosh Kumar Gangwar said State Bank of India reported 544 cases of such frauds that caused

  • Union Bank plans to raise ₹3,500 crore

    25 July, 2017 5:31 PM 23

    Funds to aid credit growth, says MD Union Bank of India, the fifth-largest nationalised bank by asset size, plans to raise ₹3,500 crore this year to meet its credit growth target of 10%, from 6% last year, said a top official. “It will be a combination of government’s support and Qualified Institutional Placement issue,” said G. Rajkiran Rai, MD & CEO. “We have asked

  • China’s Tencent backs Byju’s

    25 July, 2017 5:30 PM 19

    Online education provider Byju’s said that it had raised a new round of funding from Tencent, the Chinese Internet company. In a statement, Byju’s said the undisclosed amount would help accelerate product development for new markets and enable growth through acquisitions. The company said nine million students were currently learning through its app, which

  • Cochin Shipyard firms up public issue plans

    25 July, 2017 5:29 PM 18

    Public sector undertaking Cochin Shipyard Ltd. is entering the capital market with an initial public offering (IPO) to raise resources to part fund its expansion. The issue will open on August 1 with a price band of ₹424-₹432 per equity share. Bids can be made for a minimum of 30 equity shares. The issue will close on August 3. Retail investors and employees

  • Billionaire burn: Musk says Zuckerberg’s understanding of AI threat ‘is limited’

    25 July, 2017 5:07 PM 15

    It’s rare — if not unheard of — to hear someone question Mark Zuckerberg’s comprehension skills. The Facebook chief executive and social media icon is frequently lauded for his critical thinking and global vision, qualities that have helped him maintain his reign atop one of the world’s most successful companies. Yet on Tuesday, Tesla chief executive

  • Cabinet to consider increasing gold holding limit: Sources

    25 July, 2017 5:04 PM 15

    The government feels that the existing limit of 500 grams has become an impediment in popularising the sovereign gold bonds scheme. The government may revise the sovereign gold bonds scheme on Wednesday. Sources have told CNBC-TV18 that the Cabinet might consider increasing the gold holding limit to beyond 2-kg from the current limit of 500 grams

  • 133 companies owe over Rs 3,39,704 crore to exchequer: Arun Jaitley

    25 July, 2017 4:55 PM 22

    A total of 133 companies with outstanding dues of Rs 500 crore or more under direct and indirect taxes owed over Rs 3,39,704 crore approximately to the exchequer as on March 31, 2017, the government said today. In a written reply to the Rajya Sabha, Finance Minister Arun Jaitley said, "The number of companies with outstanding corporate tax dues of Rs 500 crore

  • Centre estimates investment requirement for highways at Rs 7 lakh crore over 5 years

    25 July, 2017 4:50 PM 21

    Government to increase highways network to 2 lakh kilometers through public and private funding India is set to face a massive infrastructure push as the Ministry of Road Tansport and Highways has estimated a fund requirement of about Rs 6.92 lakh to build highways over the next five years. Minister of State for Road Transport and highways and Shipping

  • Bharti Airtel Q1 profit down 1.6%; Africa operational nos & India biz beat estimates

    25 July, 2017 1:36 PM 18

    Profit attributed to owners stood at Rs 367.3 crore against poll of Rs 300 crore. Revenue growth during the quarter was only 0.1 percent at Rs 21,958.1 crore compared with Rs 21,934.6 crore in previous quarter but declined sharply 14 percent year-on-year. "The pricing disruption in the Indian telecom market caused by the entry of a new operator continued